Speaking to Muscat Daily on the sidelines of the 8th Annual Gas Arabia Summit at InterContinental Muscat on Monday, Raoul Restucci, managing director of PDO, said the Qarn Alam and Amal steam projects and some other projects have contributed significantly to the increase in production this year.

PDO recorded 1.2mn BOE per day production in 2011 against the targeted 1.1mn BOE per day.

BOE is a measure for hydrocarbon production which is used by firms as a way of combining the production of oil, natural gas, liquid petroleum gases and condensates into a single measure.

“Our goal is to maintain a long-term plateau in oil production. The target for this year was 550,000 barrels per day and we are above the target. Our focus remains on extending those targets for the longer term, optimising the exploitation of resources to meet government requirements,” he added.